Claimants allege in 2015 their Financial Advisor (FA) recommended transactions and an investment strategy unsuitable for their risk tolerance.

$2,680,220.14

Claimants allege FA recommended unsuitable premium-financed life insurance policy and failed to properly explain its risks and then later made unsuitable recommendation to change insurance provider.

$4,171,885.12

Customer verbally alleged financial advisor did not properly represent the change in investment platform from Wealth (IFS) to Brokerage (Private Advisor Network) and how the change would impact the customer financially. (6/2/2015-8/13/2015)

$25,378.11

I vehemently deny the allegations. The customer was advised as to the impact in changing investment platforms on multiple occasions and my immediate manager specifically participated in the process. The customer was a Wells Fargo Securities employee who purportedly verbally complained after I voluntarily resigned from Wells Fargo Advisors. I was never made aware of this alleged complaint until after Wells Fargo settled with the employee customer. I did not contribute to the settlement